Ever since President Lewis H. Brown of Johns-Manville Corp. led the way last spring (TIME, March 21). big U.S. companies have been vying to see which could bring out the most readable financial statement, thereby prove that Big Business is not so hoggish of profits as it has been painted. Last week Westinghouse Electric & Manufacturing Co. took its turn. The nation's No. 2 maker of electrical equipment* issued a simple folder breaking down operations for the nine years 1929-1937 into one-syllable categories. Total income was $1.261.313,000. Deducting sums "paid...

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